TAIL, This is a reversal of prior trend pattern that shows up as one candle reaching out well beyond normal price action. Sometimes referred to as a Hammer which is used to spot signs of a reversal indication.
For Example, 1 Tail at a value low and Psychologically, this can signal exhaustion in the selling mentality and a developing appetite for long exposure among traders. Being able to read this market behavior will add value to a trader’s analysis. Furthermore, the same sort of reversal in emotion can be seen in the other direction. Vice versa, 3 Tails at Value high and seen price rejection and change in direction.
For Example, 1 Tail at a value low and Psychologically, this can signal exhaustion in the selling mentality and a developing appetite for long exposure among traders. Being able to read this market behavior will add value to a trader’s analysis. Furthermore, the same sort of reversal in emotion can be seen in the other direction. Vice versa, 3 Tails at Value high and seen price rejection and change in direction.
- The "volume" surged 2x from average volume when TAIL is created.
- 3 Tails at "Value High" of the channel and 1 Tail at the "Value Low" of the channel.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.